The Pensions Increase (Teachers) Regulations 1974

Type Statutory-Instrument
Publication 1974-05-08
State In force
Department Westlaw
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Made: 8th May 1974

Laid before Parliament: 16th May 1974

Coming into Operation: 7th June 1974

The Secretary of State, with the consent of the Minister for the Civil Service, in exercise of the powers conferred on him by sections 1(1), (2) and (4) and 4(1) of the Pensions (Increase) Act 1974, hereby makes the following regulations:—

Citation, commencement and interpretation

1

other expressions have the meanings assigned to them by the Teachers' Superannuation Regulations 1967 to 1974.

Prescription of Regulations

2

There are hereby prescribed for the purposes of section 1(1) of the Act pensions payable under regulations made or deemed to be made under section 9 of the Superannuation Act 1972 in its application to England and Wales (“prescribed pensions”).

Application of section 1(2)(a) of the Act

3

Pensions payable to or in respect of a teacher in respect of reckonable service ending with such service in Wellington College are pensions as respects which, in the opinion of the Secretary of State, increases in the emoluments relevant for the purpose of calculating the pensions were deferred during the period beginning with 6th November 1972 and ending with 31st March 1973 in consequence of provisions of the Counter-Inflation (Temporary Provisions) Act 1972.

The relevant date

4

The date on which, in the opinion of the Secretary of State, the emoluments relevant for the purpose of calculating any prescribed pension expect the pensions to which Regulation 3 above applies are expected to be increased by the principal pay increase expected to be made, during the year ending with 6th November 1974, in accordance with the code in force under section 2 of the Counter-Inflation Act 1973 at the time of the increase is 1st April 1974.

Amendment of the Act

5

The Act shall have effect in relation to any pension calculated by reference to service in an admitted school with the substitution for any percentage prescribed by the schedule to the Act of the fraction of that percentage of which the numerator is 1 and the denominator is the number of years of such service of the teacher in question.

Signed

Given under the Official Seal of the Secretary of State for Education and Science on 7th May 1974.

Reginald E. Prentice — Secretary of State for Education and Science

Consent of the Minister for the Civil Service given under his Official Seal on 8th May 1974.

K. H. McNeill — Authorised by the Minister for the Civil Service

Explanatory note

EXPLANATORY NOTE

These Regulations enable pensions payable to or in respect of teachers to be increased under section 1 of the Pensions (Increase) Act 1974, which provides for increases in official pensions affected by the Counter-Inflation (Temporary Provisions, Act 1972 and the Counter-Inflation Act 1973. Regulation 5 amends the Act in relation to service in admitted schools (within the meaning of Part VIII of the Teachers' Superannuation Regulations 1967 (S.I. 1967/489)).

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